Hermansville, MI Multifamily properties for sale

Updated: Apr 23

Hermansville Duplex: Investment Opportunity

5466 W Third Street, Hermansville, MI 49847

$139,000

1,725 sqft · 0.33 AC lot

Duplex in Hermansville with two separate units currently occupied on month‑to‑month leases
Unit mix: one 1‑bedroom, 1‑bath unit plus one 2‑bedroom, 1‑bath unit
Each unit includes private laundry and a detached garage
Across from North Central Area Schools and minutes from US‑2
Halfway between Escanaba and Iron Mountain (per provided remarks)

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hermansville, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Residential Income Property

310 N 18th Street, Escanaba, MI 49829

$129,900

1,661 sqft · 0.14 AC lot

Two-unit property with a sizable yard, ample parking, and storage-heavy layouts on both levels.

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Iron Mountain Duplex Near Lake

607/609 Kennedy Road, Iron Mountain, MI 49801

$324,900

2,224 sqft · 0.55 AC lot

Desirable duplex near Lake Antoine with income potential.

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Corner Lot Duplex With Two 2BR Units

424 6th Street, Iron Mountain, MI 49801

$129,900

2,016 sqft · 0.12 AC lot

Spacious duplex with two 2-bedroom, 1-bath units, each with in-unit appliances and separate utilities.

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Waterfront Condominiums with Investment Potential

200 Ludington Unit 11 #Unit #11, Escanaba, MI 49829

$395,000

Lake Michigan waterfront condominiums offer flexibility for rentals and long-term leases.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Menominee City Building Lot

605 46th Avenue, Menominee, MI 49858

Contact for pricing

0.21 AC lot

Building lot near Henes Park, ready for construction.

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High-Elevation View Farmland Parcel

Parcel C E Duck Lake Road, Suttons Bay, MI 49682

$2,950,000

74.20 AC lot

74-acre ridge-top farmland suited for residential development with expansive multi-directional water and sunset views.

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Traverse City Land with Utilities

4866 Luanne Lane, Traverse City, MI 49685

$59,000

0.52 AC lot

Half-acre lot with well, septic, gas, and electric hookup.

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Tippy Dam Lodge Retreat

1306 N Tippy Dam Road, Wellston, MI 49689

$999,900

22.24 AC lot

Unique lodge in Manistee National Forest with multiple buildings.

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Hermansville, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Hermansville, MI on our real estate platform. These investment opportunities span a total of 1,725 square feet of properties for sale, with an estimated market value of $139,000.

Sale prices for multifamily properties in Hermansville, MI start at $139,000, averaging $139,000, and reaching up to $139,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
49847	$139K

Neighborhood

Average Price

49847

$139K

Hermansville, MI Multifamily Properties for Sale

5466 W Third Street, Hermansville, MI 49847